The Fed is relying on the 'wealth effect' – brought about largely by increasing equity and home prices – as its principal transmission mechanism for stabilization policy. There are serious problems with this approach, writes the former chairman of Morgan Stanley Asia.

The Thrive Income Distribution System takes an ancient annuity marketing pitch and dresses it up well enough to appeal to high net worth clients who otherwise might not spend five minutes looking at an income annuity.

The Fed will fall “behind the curve” in its monetary policy, creating pressure for a major upward spike in interest rates in 2017 or 2018, following the Presidential election of 2016, predicts economist Richard B. Hoey.

If you want to come up to speed fast on the DC-to-DB dialogue, check out this hefty new report from the Society of Actuaries and the Stanford Center on Longevity.

Three Jackson variable annuity contracts—Perspective II 05/05, Perspective II L-Series and Elite Access—were among the five best-selling annuity products in the first six months of this year.

Fidelity is the largest provider of target date funds with more than $170 billion under management on behalf of approximately 6.5 million investors in its Fidelity Freedom Funds product line (Fidelity, Fidelity Advisor, Fidelity Index and VIP).

In the recent past, Carrington served as head of the Defined Contribution and Retirement Solutions Group at UBS Global Asset Management.